2022
Exports
$394MWorld Rnk 22 / 167
Flag Rnk 134 / 1211
2022
PRODUCT COMPLEXITY IN Tractors
0.95Rnk 194 / 1025
2022
Imports
$306MWorld Rnk 43 / 215
Flag Rnk 179 / 1210
2022
ECONOMIC COMPLEXITY of Thailand
0.96Rnk 29 / 133

About

Exports In 2022, Thailand exported $394M in Tractors, making it the 22nd largest exporter of Tractors in the world. At the same year, Tractors was the 134th most exported product in Thailand. The main destination of Tractors exports from Thailand are: Cambodia ($120M), United States ($63M), Laos ($48.5M), India ($40M), and Philippines ($29M).

The fastest growing export markets for Tractors of Thailand between 2021 and 2022 were United States ($30.6M), Laos ($5.35M), and Australia ($3.94M).

Imports In 2022, Thailand imported $306M in Tractors, becoming the 43rd largest importer of Tractors in the world. At the same year, Tractors was the 179th most imported product in Thailand. Thailand imports Tractors primarily from: Japan ($108M), China ($73.8M), India ($63.8M), Netherlands ($18.1M), and United Kingdom ($14.8M).

The fastest growing import markets in Tractors for Thailand between 2021 and 2022 were China ($61.1M), United Kingdom ($6.33M), and Turkey ($1.36M).

COMPANIES In 2023, leading companies such as Kubota (7) were at the forefront of shipping Tractors from Thailand to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Tractors. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$394M
IMPORTS (2022)$306M
NET TRADE (2022)$88.3M

In 2022, Thailand exported $394M in Tractors. The main destinations of Thailand exports on Tractors were Cambodia ($120M), United States ($63M), Laos ($48.5M), India ($40M), and Philippines ($29M).

In 2022, Thailand imported $306M in Tractors, mainly from Japan ($108M), China ($73.8M), India ($63.8M), Netherlands ($18.1M), and United Kingdom ($14.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tractors EXPORT MARKETS FOR Thailand WERE (2021 - 2022):
United States$30.6M (94.6%)
Laos$5.35M (12.4%)
Australia$3.94M (173%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tractors BY Thailand WERE (2021 - 2022):
India-$30.2M (-43%)
Cambodia-$25.6M (-17.6%)
Philippines-$25.5M (-46.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Thailand's main exporting competitors in Tractors were:
In 2022, Thailand's main importing competitors in Tractors were:

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Trade Value of Tractors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $36.7M
TOP IMPORT POTENTIALChina+ $19.9M

Tractors’s highest export potential is United States. With an export gap of $36.7M.   Tractors’s highest import potential is China with an import gap of $19.9M.

See methodology.

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